New biodiesel projects imminent in India, Malaysia
In India, Naturol Bioenergy Limited announced yesterday the imminent launch of its 35 Mgy biodiesel plant in Kakinada, Andhra Pradesh.
In Malaysia, Mission Biofuels will launch its biodiesel plant in Kuantan, Pahang, Malaysia, in two weeks. is about to begin full production within the next two weeks after undergoing the final stages of commissioning. The plant will produce up to 18 Mgy per year of palm-oil biodiesel which will be exported to Germany under a five-year contract.
Last month, Mission Biofuels signed a three-year deal for exclusive rights to jatropha oil produced from 12,500 acres in India. Mission has been in the news of late seeking alternative sources, and also for a biofuels contract with an unnamed major oil producer that failed to close. Jatropha production has been ramping up strongly in India, and the deal by Mission is with an entire district of production.
Jatropha can produce as much as 1,000 gallons of oil per acre, which brings estimated annual production from the deal to 1.25 million gallons of jatropha oil, or enough to produce 20 million gallons of B5 blend.
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